THREE CRITICAL ASIAN POWERHOUSES!
BevCanna (US: BVNNF) Serious Update
America’s various states are speaking loud and clear:
- Five U.S. states (Arizona, Mississippi, Montana, New Jersey, and South Dakota) recently voted in favor of some form of cannabis legalization. Consequently, the U.S. now has 15 states that have approved cannabis for adult use.
- On top of that, a total of 36 states, the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands have approved publicly available medical cannabis programs.
- Vice President-elect Kamala Harris has sponsored the MORE Act, a proposed measure that would pull cannabis from the list of controlled substances. Furthermore, Harris famously declared that she is no advocate of “half-steppin’” when it comes to cannabis law reform.
It’s not just the United States, either. Around the globe, cannabis products and cannabis-infused beverages are gaining market share, and some are even predicting that these would become so popular that they could bite into liquor sales in a major way.
You know that I’m bullish and going big on BevCanna Enterprises (US: BVNNF), and when it comes to beverages, we feel that their competitive advantage is meaningful:
- Keef Brands, the highest-grossing cannabis beverage company in the U.S., has formed a partnership with and taken an equity position in BevCanna!
BevCanna is acting as the exclusive licensee, manufacturing, and distribution partner for Keef Brands in Canada!
Keef Brands currently offers eight of the top ten cannabis beverages in Colorado, as well as two of the top ten sellers in California. Additionally, Keef Brands ranks first in the U.S. both in units and dollars sold among all cannabis beverage companies.
We’re all aware that in 2020, the digitization of shopping and consumerism accelerated and that having an e-commerce sales platform is virtually mandatory.
- BevCanna Enterprises (US: BVNNF) owns a direct-to-consumer company called Pure Therapy, which sells a wide range of natural health products, including nutraceutical and hemp-based CBD products throughout North America and western Europe. Pure Therapy’s extensive catalog of formulations is proprietary.
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Pure Therapy brings to the table over 23,000 listed customers acquired since the company’s inception. They also achieved 2019 gross revenues of CAD$4.8 million.
Pure Therapy has already achieved record sales since its acquisition by BevCanna. It reported a projected run rate of approximately CAD$7.68 million in revenues and positive EBITDA in 2021. Not only that but the company has acquired 3,270 new active customers since its acquisition by BevCanna!
What I especially love is the company’s rapid acceleration of business transactions:
- On March 15th, they announced a sales license partnership with Stigma Grow, which will distribute BevCanna products to Canadian retailers coast-to-coast!
- On March 23rd, they added former high-level executives from Colgate and Unilever.
These two individuals are experienced in the mass distribution of consumer products.
- On March 30th, they signed another white label agreement with State B Beverages Co.!
More and more companies are evaluating their facility and want to use them.
- On March 31st, they had another white label agreement, this time with Enthusiasmus Inc.!
Conduct your due diligence on BevCanna Enterprises now!
The Portfolio Wealth Global Team
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accordingly, you should proceed with such investigation to determine, among other things, information pertaining to the issuer’s financial condition, operations, business model, and risks involved in the issuer’s business; (i) the issuers we profile may have negative signs on the otcmarkets.com website (i.e. Stop Sign, No Information, Limited Information, Caveat Emptor), which you should determine from entering the symbol of the stock profiled into the otcmarkets.com website; (j) you should determine whether the issuer we profile or provide information about is a development stage company, which is subject to the risks of a development stage company in a similar such business, including difficulties in obtaining financing for operations and future growth; (k) because we only present positive information regarding an issuer, ; you should conduct an in-depth investigation of any possible negative factors regarding such issuer; (l) our information is “as is” and you your use of the information is at your own risk and such information may change at any time and it is not based upon any verification or due diligence of the statements made; (m) we state that profiled stocks are consistent with future economic trends; however, future economic trends or analysis has its own limitations, including: (i) due to the complexity of economic analysis as well as the individual financial and operational characteristics of an individual issuer, such economic trends or predictions may amount to nothing more than speculation; (ii) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases; (iii) human and social factors may outweigh future economic trends and predictions that we state may or will occur; (iv) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (v) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in such economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of fully new circumstances and situations in which uncertainty becomes reality rather than of predictive economic quality; 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On March third twenty twenty one, in connection with our agreement with Bevcanna Enterprises Inc., we received USD five hundred thousand dollars, from Bevcanna Enterprises Inc. On March 9th, 2021, we purchased 2.5 million warrants directly from the company.